Ending weeks of speculation, AMD and ATI have announced a plan to join forces, in a transaction that will combine AMD's technology leadership in microprocessors with ATI's strengths in graphics, chipsets and consumer electronics. The transaction, valued at US $5.4 billion, is expected to close in Q4 2006 subject to approval by ATI shareholders, court approval, regulatory approvals and other customary closing conditions.
More information: AMD - ATI
Source: AMD/ATI